Loss-making state-owned enterprises (SOEs) in Pakistan have long been a drain on the economy, racking up PKR 5.7 trillion in accumulated losses due to poor governance, political interference, and inefficiency.
Instead of performance-based management, these entities are plagued by corruption, leaving taxpayers to foot the bill.
What’s the real cost of these failing enterprises? And can anything be done to stop the financial hemorrhage? Nukta explores the crisis in SOEs.
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